Is there much difference in property growth between Seville Grove and Kelmscott?
2 Answers
Seville Grove in Perth’s south-eastern suburbs is being eyed as an affordable choice for property investors, first homebuyers and families.
....Not only has Seville Grove seen 6.8% price growth in the past year, but REIWA has forecast further growth due to an 89% increase in sales volumes for the suburb in 2021. ...visit link, latest update
https://satterley.com.au/satterley-connect/best-suburbs-to-invest-in-perth-in-2022?blog=2afe6a59079548d7a36ca96298109977
In Seville Grove the average house price is $294k which is down 2% from last year. 120 properties sold with average days on market 75. Kelmscott's average house price is $268k which is down 14.81% on last year. The number of properties sold is 144 with average days on market 82. Kelmscott has definitely had a bigger drop in sales but it still fairing pretty good with the total numbers over the past 12 months. this will only improve in the coming months with a lot of active buyers still out there looking.
If you are looking for an investment property I would definitely recommend either of these suburbs. Our average days on market is 18 but with the right property with great presentation we tend to lease on a lot quicker than the average.
Amanda Wilson - Property Manager Seville Grove and Kelmscott
Professionals Armadale
[email protected]